American Fusion Inc. (OTCQB: AMFN) Announces Independent Third-Party Texatron™ Technology Review and Anticipated North Texas Ranch Facility Acquisition
https://www.globenewswire.com/news-release/20...ition.html
SOUTHLAKE, Texas, Nov. 09, 2026 (GLOBE NEWSWIRE) -- American Fusion Inc. (OTCQB: AMFN) (“American Fusion” or the “Company”), developer of the proprietary Texatron™ Fusion Engine™, today announced two developments in the advancement of its fusion technology program and North Texas research and development infrastructure.
Independent Third-Party Technology Review Underway
American Fusion is currently undergoing an independent third-party technology review of its proprietary Texatron™ fusion energy platform. The independent reviewer is conducting an on-site evaluation at the Company’s facilities, with the visit scheduled to continue through Tuesday, November 10, 2026.
The review represents an important step in the Company’s ongoing efforts to obtain independent technical assessment of its fusion technology, engineering development and progress toward future testing and commercialization objectives.
Following completion of the on-site evaluation, the Company anticipates receiving the independent reviewer’s final report before the end of November 2026, subject to completion of the review process. American Fusion intends to provide additional information regarding the findings and availability of the report once finalized.
The Company believes independent technical evaluation is an important component of establishing credibility with prospective institutional investors, strategic partners, engineering organizations and potential commercial customers.
“Having an independent third party conduct an on-site technology review is an important milestone for American Fusion,” said Brent Nelson, Chairman and CEO of American Fusion. “We welcome independent scrutiny of our Texatron™ technology and our engineering program. Our objective is to demonstrate our progress through a disciplined process of technical evaluation, testing and independent assessment. We look forward to receiving the reviewer’s final report later this month.”
The review remains in progress, and its conclusions will not be known until the independent reviewer completes the assessment and issues its report. The review should not be interpreted as certification of commercial performance or validation of any particular technical claim.
Anticipated Closing of North Texas Ranch Facility Before Thanksgiving
American Fusion also announced that it expects to complete the acquisition of its planned Ranch Facility in North Texas before Thanksgiving Day, November 26, 2026, subject to completion of customary closing requirements.
The Ranch Facility is intended to become a key component of the Company’s long-term North Texas operations, providing a dedicated location for the continued development of the Texatron™ technology and the expansion of its engineering, research, testing and assembly capabilities.
The planned facility is expected to support the Company’s strategy of establishing a permanent operational campus capable of accommodating future technology development and testing infrastructure as the engineering program advances.
“Closing on our Ranch Facility will represent another important step in building the permanent foundation for American Fusion,” Nelson continued. “Our vision is to establish a dedicated North Texas campus where our engineering teams can develop, assemble, evaluate and ultimately demonstrate our fusion energy systems. We believe that having a permanent facility is essential to supporting a serious, long-term technology development and commercialization program.”
The Company anticipates providing shareholders with additional information regarding the property acquisition, facility development plans and future operational milestones following the closing.
Advancing the Texatron™ Development Program
The independent technology review and anticipated Ranch Facility acquisition represent complementary elements of American Fusion’s development strategy. The Company continues to pursue independent technical assessment of its Texatron™ platform while establishing the physical infrastructure intended to support expanded research, engineering and testing activities.
“November is shaping up to be an important month for American Fusion,” Nelson concluded. “We are focused on measurable technical progress, independent evaluation and establishing the facilities necessary to execute our long-term business plan. We believe these developments are important steps in positioning American Fusion for the next phase of its development.”
https://www.globenewswire.com/news-release/20...ition.html
SOUTHLAKE, Texas, Nov. 09, 2026 (GLOBE NEWSWIRE) -- American Fusion Inc. (OTCQB: AMFN) (“American Fusion” or the “Company”), developer of the proprietary Texatron™ Fusion Engine™, today announced two developments in the advancement of its fusion technology program and North Texas research and development infrastructure.
Independent Third-Party Technology Review Underway
American Fusion is currently undergoing an independent third-party technology review of its proprietary Texatron™ fusion energy platform. The independent reviewer is conducting an on-site evaluation at the Company’s facilities, with the visit scheduled to continue through Tuesday, November 10, 2026.
The review represents an important step in the Company’s ongoing efforts to obtain independent technical assessment of its fusion technology, engineering development and progress toward future testing and commercialization objectives.
Following completion of the on-site evaluation, the Company anticipates receiving the independent reviewer’s final report before the end of November 2026, subject to completion of the review process. American Fusion intends to provide additional information regarding the findings and availability of the report once finalized.
The Company believes independent technical evaluation is an important component of establishing credibility with prospective institutional investors, strategic partners, engineering organizations and potential commercial customers.
“Having an independent third party conduct an on-site technology review is an important milestone for American Fusion,” said Brent Nelson, Chairman and CEO of American Fusion. “We welcome independent scrutiny of our Texatron™ technology and our engineering program. Our objective is to demonstrate our progress through a disciplined process of technical evaluation, testing and independent assessment. We look forward to receiving the reviewer’s final report later this month.”
The review remains in progress, and its conclusions will not be known until the independent reviewer completes the assessment and issues its report. The review should not be interpreted as certification of commercial performance or validation of any particular technical claim.
Anticipated Closing of North Texas Ranch Facility Before Thanksgiving
American Fusion also announced that it expects to complete the acquisition of its planned Ranch Facility in North Texas before Thanksgiving Day, November 26, 2026, subject to completion of customary closing requirements.
The Ranch Facility is intended to become a key component of the Company’s long-term North Texas operations, providing a dedicated location for the continued development of the Texatron™ technology and the expansion of its engineering, research, testing and assembly capabilities.
The planned facility is expected to support the Company’s strategy of establishing a permanent operational campus capable of accommodating future technology development and testing infrastructure as the engineering program advances.
“Closing on our Ranch Facility will represent another important step in building the permanent foundation for American Fusion,” Nelson continued. “Our vision is to establish a dedicated North Texas campus where our engineering teams can develop, assemble, evaluate and ultimately demonstrate our fusion energy systems. We believe that having a permanent facility is essential to supporting a serious, long-term technology development and commercialization program.”
The Company anticipates providing shareholders with additional information regarding the property acquisition, facility development plans and future operational milestones following the closing.
Advancing the Texatron™ Development Program
The independent technology review and anticipated Ranch Facility acquisition represent complementary elements of American Fusion’s development strategy. The Company continues to pursue independent technical assessment of its Texatron™ platform while establishing the physical infrastructure intended to support expanded research, engineering and testing activities.
“November is shaping up to be an important month for American Fusion,” Nelson concluded. “We are focused on measurable technical progress, independent evaluation and establishing the facilities necessary to execute our long-term business plan. We believe these developments are important steps in positioning American Fusion for the next phase of its development.”
